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China%27s+inflation+rate+rises+to+1.6%25+in+July%2C+missing+a+government+target
Sunday, 09 August 2015 - 17:28
China's inflation rate rises to 1.6% in July, missing a government target
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China's consumer inflation rate hit its highest level this year in July, but is still well below the government target of about 3%.

The rate edged up to 1.6% from 1.4% the month before because of rising food prices.

Producer prices, which include wholesale and factory price inflation, fell for the 40th month in a row.
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